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The Travelers Companies TRV Bond And Specialty Insurance — Claims and claim adjustment expense reserves

Other segment segments

Business And International Insurance
$51.66B+3.9%
Personal Insurance
$8.41B-6.5%

Similar metrics at other companies

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CRBGClaims and claim adjustment expense reserves
$60.97B+8.4%
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AFGClaims and claim adjustment expense reserves
$15.09B+6.5%
American International Group logo
AIGClaims and claim adjustment expense reserves
$72.05B+2.2%
Old Republic International logo
ORISpecialty Insurance Segment — Loss and Loss Adjustment Expenses Reserves
$7.83B+6.6%
SiriusPoint logo
SPNTReinsurance — Loss and loss adjustment expense reserves
$2.31B+5.9%
SiriusPoint logo
SPNTInsurance & Services — Loss and loss adjustment expense reserves
$2B+31.0%

Other financials

Income statement

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Revenue$12.2B+0.3%
Net income$2.2B+46.3%
EPS (diluted)$10.26+57.1%

Balance sheet

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Cash & equivalents$621.0M-5.8%
Total debt$9.1B+12.9%
Total equity$33.1B+12.2%
Total assets$143.58B+3.4%

Cash flow

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Operating cash flow$1.9B-17.9%

Valuation

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Market cap$80.16B+34.7%
Enterprise value$88.6B+32.5%
P/E9.7×-1.7×
P/S1.6×+0.4×

Profitability

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Net margin17%+6.0pp

Returns & leverage

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Return on equity26.5%+7.2pp
Debt / equity0.3×0.0×

Where this comes from

Reported directly by The Travelers Companies in its filing.

Tagged under the XBRL concept us-gaap:SupplementaryInsuranceInformationLiabilityForFuturePolicyBenefitsLossesClaimsAndLossExpenseReserves.

The source filing: The Travelers Companies’s 10-K, filed February 12, 2026.

Filed
Feb 12, 2026, 6:51 AM EST
Fiscal year
FY2025
Accession
0000086312-26-000065
SegmentDeferred Acquisition CostsClaims and Claim Adjustment Expense ReservesUnearned PremiumsEarned PremiumsNet Investment Income (1)Claims and Claim Adjustment ExpensesAmortizationof Deferred Acquisition CostsOther Operating Expenses (2)Net Written Premiums
2025
Business Insurance$1,750$51,655$11,088$22,412$2,782$14,154$3,796$3,482$22,679
Bond & Specialty Insurance5425,6723,1454,1074451,7647788434,262
Personal Insurance1,2268,4078,19817,39573211,3032,6921,74617,446
Total—Reportable Segments3,51865,73422,43143,9143,95927,2217,2666,07144,387
Other3474
Consolidated$3,518$65,737$22,431$43,914$3,959$27,221$7,266$6,545$44,387
2024

Item 16. FORM 10-K SUMMARY

FAQ

What is The Travelers Companies's bond and specialty insurance — claims and claim adjustment expense reserves?
The Travelers Companies (TRV) reported bond and specialty insurance — claims and claim adjustment expense reserves of $5.67B in Q4 2025.
How has The Travelers Companies's bond and specialty insurance — claims and claim adjustment expense reserves changed year-over-year?
The Travelers Companies's bond and specialty insurance — claims and claim adjustment expense reserves increased by 5.7% year-over-year, from $5.37B to $5.67B.
What does bond and specialty insurance — claims and claim adjustment expense reserves mean?
This represents the estimated liability for claims that have been reported but not yet paid, as well as claims that have been incurred but not yet reported (IBNR). It is a critical measure of the company's long-term financial health and the adequacy of its underwriting pricing. Accurate reserving is essential for maintaining solvency and meeting future obligations to policyholders.

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